| TYPE OF LOAN | PERMANENT LOANS | BRIDGE LOANS |
|---|---|---|
| Use of Funds | Purchase | Refinance | Cash-Out | Purchase | Refinance | Cash-Out |
| Loan Amounts | $500K to $50MM | $500K to $20MM |
| Interest Rates | Based on Transaction Quality | Credit & Location | As Low As 7.50% |
| Term | Up to 30 Years | 1 to 3 Years |
| Collateral | All Asset Classifications | All Asset Classifications |
| Eligibility | No Minimum FICO | No Minimum FICO |
| Loan to Value | Up to 100% | Up to 75% |
SMALL BUSINESS LOANS
| TYPE OF LOAN | TERM LOANS |
|---|---|
| Use of Funds | Working Capital | Debt Consolidation | Business Acquisition | FF&E | Inventory or Expansion |
| Loan Amounts | $500K to $5MM |
| Interest Rates | Variable Rate |
| Term | Up to 25 Years |
| Collateral | Business Assets | Accounts Receivable | Inventory | Equipment and Real Estate |
| Eligibility | 600 Minimum FICO | Owner Operated and For-Profit |
| Loan to Value | Up to 100% |
| TYPE OF LOAN | FRANCHISE FINANCE |
|---|---|
| Use of Funds | Working Capital | Debt Consolidation | Expansion | Acquisition | FF&E | Inventory | Real Estate Purchase/Construction |
| Loan Amounts | $500K to $25MM |
| Interest Rates | Variable Rate |
| Term | Up to 30 Years |
| Collateral | Business Assets | Inventory | Equipment and Real Estate |
| Eligibility | No Minimum FICO | Owner Operated and For-Profit |
| Loan to Value | Up to 100% |
| TYPE OF LOAN | MERGERS & ACQUISITIONS FINANCE |
|---|---|
| Use of Funds | Business Acquisition | Mergers | Partner Buyout | Working Capital | Expansion | FF&E | Inventory |
| Loan Amounts | $250K to $25MM |
| Interest Rates | Variable Rate |
| Term | Up to 25 Years |
| Collateral | Business Assets | Accounts Receivable | Inventory | Equipment and Real Estate |
| Eligibility | No Minimum FICO |
| Loan to Value | Up to 100% |
| TYPE OF LOAN | NON – SBA LOAN |
|---|---|
| Use of Funds | Working Capital | New Equipment | Expand or Refinance Debt or a Loan | Business Rent Replacement Option |
| Loan Amounts | $30K to $200K |
| Interest Rates | Fixed Interest Rate From 7.99% |
| Term | 2 to 5 Years | Monthly Payments | No Pre-payment Penalties |
| Collateral | A Lien on Business Assets and There Is No Minimum Requirement For The Value of Those Assets. |
| Eligibility | 645 Minimum FICO | 2+ Yrs In Business | Be U.S. Citizens or Legal Permanent Resident | Positive Cash Flow |
| Loan to Value | Up to 100% With Rent Replacement Option But New Loan Payment Must Be Less Than Your Current Monthly Lease Payment |
| Other Requirements | No Bankruptcies or Foreclosures Within The Last 3 Years | No Outstanding Tax Liens | Business Owners Who Own 20% or More of The Business Must Provide A Personal Guarantee |
BUSINESS CREDIT LINE / INVOICE (RECEIVABLES) FACTORING
| TYPE OF LOAN | BUSINESS CREDIT LINE (Direct Draw) or INVOICE (RECEIVABLES) FACTORING |
|---|---|
| Use of Funds | Working Capital | New Equipment | Expansion | Purchase Inventory | Make Payroll | Pay Rent |
| Loan Amounts | $1K to $100K | Business Credit Line: Get Up To $10K Initially with Online Application and Up To $100K with Additional Documents | Invoice Factoring: You’ll Receive 100% of Invoice Value While Getting Up To $50K Initially with Online Application and Up To $100K with Additional Documents (3 Months Business Bank Statements and 2 Years Business Tax Returns) |
| Interest Rates | Flat Weekly Rate From 0.4% – 0.9% | Business Credit Line: You’re Charged As a % of The Total Draw Value (e.g. a $1000 Draw with The 12 Week Term Would Be About $7 a Week) | Invoice Factoring: You’re Charged As a % of The Total Invoice Value (e.g. a $1000 Advance with The 12 week Term Would Be About $4 to $9 a Week) | Repay Early And The Remaining Rates Are Waived With No Pre-payment Penalty |
| Term | Next Day Funding | Payments Are Automatically Debited Over 12-Week or 24-Week Repayment Terms | No Pre-payment Penalties |
| Collateral | No Collateral Required |
| Eligibility | No Minimum FICO | Final Rate Depends On Loan Term, Credit & Financial Profile | Business Credit Line: 9 Months In Business | Invoice Factoring: Show 3 Months of History In Accounting Software | Positive Cash Flow | $50K In Annual Revenue | Live In U.S. | Puerto Rico | U.S. Virgin Islands | Guam | American Samoa | North Mariana Islands |
| Fees | No UCC Filings | No Upfront Fees | No Lien Filings |
| Other Requirements | No Bankruptcies or Foreclosures | No Major Tax Liens | Business Owners May Need To Provide A Personal Guarantee |
| Application Process | Sign Up In Seconds | Get A Credit Decision In Under 3 Minutes | Applying Won’t Impact Credit | Credit Line Increase Requires Additional Documentation | No paperwork Required | Click “Apply Now” To Be Redirected To Login and Connect Your Business Bank Account or Accounting Software and Provide Business Details |
BANK STATEMENT EQUIPMENT LOAN / LEASING
| TYPE OF LOAN | BANK STATEMENT EQUIPMENT LOAN / LEASING, BAD CREDIT LOAN GUIDELINES |
|---|---|
| Use of Funds | Working Capital | Sale-Leaseback |
| Loan Amounts | To Apply For $20K to $99K: Click "Apply Now" Button Below and Upload 3 Months Of Recent Business Bank Statements | To Apply For $100K to $500K: Click "Apply Now" Button Below and Upload 3 Months Of Recent Business Bank Statements Plus 2 Years Business & Personal Tax Returns |
| Interest Rates | Weekly or Monthly Rate Varies |
| Term | Start-Ups Are Okay | 24 to 36 Month Lease Options | Pay 50% Down |
| Collateral | There's No Restrictions On Your Collateral's Age Or Usage | The New or Used Equipment You're Leasing or Purchasing Is Your Collateral |
| Some Collateral / Industries | Construction Equipment | Mining / Trenching | Yellow Iron | Agricultural Equipment | Heavy Equipment | Titled Vehicles |
| Eligibility | No Minimum FICO | Final Rate Depends On Loan Term, Credit & Financial Profile | Subject to Third-Party Valuation | Bad Credit, Bankruptcies, Tax Liens Are OK* | Private Party Transitions |
| Other Requirements | *Tax Liens Must Be Resolved Prior To Funding. Proof Of Lien Release Or Lien Payoff At Time Of Closing Is Necessary (You May Also Use Proceeds From This Loan Transaction For This Purpose.) |